Johannesburg - The JSE lifted at the opening on Wednesday‚ taking its lead from the positive close on Wall Street on Tuesday.
At 9:20 the All Share [JSE:J203] index was up 0.28% at 40 815.18 points‚ with gold and resources indices picking up 0.68% and 0.61%‚ respectively.
Global equity markets continue to surge‚ said RMB analysts in a note.
Risk-off from the North Korea nuclear tests rapidly faded and attention switched to the hopes for the global economy. The Dow is now within striking distance of its all-time high.
According to BofA Merrill Lynch Fund Manager Survey for February‚ confidence in a strong global economic outlook has consolidated while investors have indicated that they see support from current equity valuations after the recent rally.
Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.